Skip to comments.US, Dutch try to deposit billions in fake bonds in Vatican bank
Posted on 03/29/2014 8:31:08 PM PDT by gooblah
Rome (AFP) - Vatican police on Saturday apprehended an American and a Dutch man who were trying to deposit billions of euros and US dollars in fake bonds in the Vatican bank.
The men were stopped by the police when they approached one of the guarded gates at the Vatican and asked to be let through to the Institute for Religious Works (IOR) as the bank is formally known, Vatican spokesman Federico Lombardi told AFP.
The bonds were discovered in a briefcase they were carrying and the men were handed over to Italy's financial police, who found false passports and other fake documents in their hotel rooms.
(Excerpt) Read more at news.yahoo.com ...
I think the entire global economy is a sham. Ridiculous levels of debt, vast amounts of counterfeit money, and "legitimate" government printing presses running day and night shoveling worthless currency out the door.
It's a complete farce.
The amount is so small, only billions, compared to the debt that the U.S. racks up every day, it’s surprising anyone would even notice things being off by a few billion dollars here and there.
I’m sorry but the headline is a tad misleading as it seems try and suck the reader into thinking it is the U>S> and Dutch government involved.
A few years ago there was that bust of fake securities totalling many billions seized across the italian/swiss border or therabouts by nefarious characters. Then the story just faded away.
The headline is more than just a tad misleading, it is totally misleading, as if the US Gov’t were trying to deposit fake bonds. Intentional deception.
The men forgot to show their proper identification. This is what can happen if you don’t know about that photo of SC Justice Roberts getting out of a car with briefcase apparently ready to make his deposit.
Were these national or corporate bonds?